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Enter your loan details below to estimate your monthly mortgage payment.
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What is included in a mortgage payment?
Your monthly mortgage payment typically includes principal, interest, property taxes (escrowed monthly), and homeowner's insurance. In a condo or HOA community, you will also have association dues on top of this.
How much should I put down?
In the luxury market, many buyers put 20–30% down to avoid PMI and secure better rates. I will connect you with top lenders who specialize in luxury real estate financing.
Mimi's Tip: Get pre-approved before you start seriously searching. In the luxury market, sellers expect buyers to be financially qualified — and it gives you a significant advantage in a competitive situation.
Luxury Lending Options
- Jumbo loans — for properties above conventional loan limits
- Portfolio loans — held by the lender, more flexible underwriting
- Asset-based lending — qualify using assets rather than income
- Foreign national loans — for international buyers
- Bridge loans — buy your next home before selling your current one
- 1031 exchanges — defer capital gains when reinvesting in real estate